Malaysia - Household Washing and Drying Machines - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Malaysia - Household Washing and Drying Machines - Market Analysis, Forecast, Size, Trends and Insights

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Price for Washing and Drying Machine in Malaysia - 2021

Contents:

  1. Price for Washing and Drying Machine in Malaysia (CIF) - 2021
  2. Price for Washing and Drying Machine in Malaysia (FOB) - 2022
  3. Imports of Washing and Drying Machine in Malaysia
  4. Exports of Washing and Drying Machine in Malaysia

Price for Washing and Drying Machine in Malaysia (CIF) - 2021

In December 2021, the average washing and drying machine import price amounted to $203 per unit, declining by -3.6% against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in January 2021 when the average import price increased by 3.9% month-to-month. Over the period under review, average import prices attained the maximum at $210 per unit in November 2021, and then shrank modestly in the following month.

Average prices varied noticeably amongst the major supplying countries. In December 2021, the country with the highest price was Vietnam ($214 per unit), while the price for China ($196 per unit) was amongst the lowest.

From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by China (+0.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Washing and Drying Machine in Malaysia (FOB) - 2022

The average washing and drying machine export price stood at $161 per unit in 2022, increasing by 3.1% against the previous year. Over the period under review, export price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, washing and drying machine export price decreased by -22.7% against 2018 indices. The pace of growth appeared the most rapid in 2013 when the average export price increased by 39%. Over the period under review, the average export prices reached the maximum at $230 per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brunei Darussalam ($5.8 per unit), while the average price for exports to the United Arab Emirates ($0.9 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+2.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Washing and Drying Machine in Malaysia

For the fourth year in a row, Malaysia recorded growth in overseas purchases of household washing and drying machines, which increased by 1.3% to 881K units in 2022. The total import volume increased at an average annual rate of +7.9% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 18%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, washing and drying machine imports declined to $102M in 2022. The total import value increased at an average annual rate of +8.2% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 29%. As a result, imports attained the peak of $112M, and then dropped in the following year.

Import of Washing and Drying Machine in Malaysia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China47.750.661.758.36.9%
Thailand24.029.923.223.4-0.8%
Vietnam6.43.87.26.71.5%
Others2.62.819.913.874.4%
Total80.787.11121028.1%

Top Suppliers of Washing and Drying Machine to Malaysia in 2022:

  1. China (16.5M units)
  2. Thailand (6.9M units)
  3. Vietnam (1.9M units)

Exports of Washing and Drying Machine in Malaysia

Washing and drying machine exports from Malaysia surged to 13K units in 2022, growing by 215% compared with the year before. Overall, exports recorded strong growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, washing and drying machine exports skyrocketed to $2.1M in 2022. In general, exports showed prominent growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Washing and Drying Machine in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam644517153338-19.3%
Singapore47943181.0321-12.5%
Brunei Darussalam10050.157.682.1-6.4%
Papua New Guinea20067.33.955.4-34.8%
China15938.86.344.1-34.8%
United Arab Emirates9.02.117.135.758.3%
Thailand50.96.616.133.0-13.5%
Nigeria79.331.210.631.8-26.3%
United StatesN/AN/A92.7N/A0%
Others76.58702041,145146.4%
Total1,7972,0156422,0865.1%

Top Export Markets for Washing and Drying Machine from Malaysia in 2022:

  1. Singapore (76.3K units)
  2. Vietnam (74.7K units)
  3. United Arab Emirates (41.0K units)
  4. Papua New Guinea (17.4K units)
  5. Brunei Darussalam (14.1K units)
  6. China (11.0K units)
  7. Nigeria (9.5K units)
  8. Thailand (6.9K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for washing and drying machine in Malaysia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 27511300 - Cloth washing and drying machines, of the household type

Country coverage:

  • Malaysia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Malaysia
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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